HOW FINANCIAL STRESS IMPACTS ONE'S MENTAL HEALTH AND RELATIONSHIPS

Financial stress can have a major impact on a person’s emotional, physical, and mental health. If a person is in debt or can’t help manage their finances, it can create stress and tension in their life. The pressures of financial stability can often feel overwhelming. In this fast-paced world where everyone is running after money, if there is a sudden pause or break on the path, that can adversely affect a person’s mental health and overall well-being.

Increases insecurity:

Financial stress can cause insecurity and reduce your self-esteem; it can make you feel embarrassed and ashamed. It doesn't matter how much trouble you are in; you would not go to your friends or family for help; you would rather isolate yourself from everyone. Financial problems can create a lot of troubles in one’s life; it can affect them physically and mentally thus impacting different aspects of their life-- from personal relationships with friends and family to making one feel depressed or anxious.

Increases anxiety and depression:

If a person is not financially strong, can not manage their expenses, and is in-depth, such a situation can lead to anxiety and depression. Financial stress can put a person under a lot of pressure. However, one needs to have faith and remember that there's no harm is asking for help, if needed, from close friends and family in such situations.

Overthinking:

If a person is not finally stable, he or she will constantly calculate the expenses in their head, think about finances, and overthink the outcomes. They will force themselves to think about their situation continuously. This can affect their mental health and make them feel more stressed.

Disrupt your sleep:

When a person is in debt or can’t manage their finances, it can lead to stress, which can disturb their sleep patterns. The lack of sleep will stop them from getting mental clarity, affect their mood, and impact their physical and mental health in the long run.

Create distractions:

Financial stress can impact your mental health by creating distractions. When you are constantly worried about your financial status, you can’t concentrate on your work. It decreases productivity and helps to loosen your focus. No matter where you are at school, work, or home, your mind will always be distracted, which can affect the quality of your work.